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Land For Sale at 5002 48 AV in Leduc, Alberta

New
4 Sale ID #230749
Updated 06 May 2024

Asking Price

$449,900

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

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Lot Size

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Building Size

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Premise Summary

READY FOR DEVELOPMENT! VACANT LOT FOR SALE!! Welcome to an exceptional opportunity in Leduc's vibrant Central Business District! This vacant CORNER lot, ideally situated in the heart of Leduc. LOT IS CLEARED, making it a prime canvas for ambitious developers. Location: Centrally located within Leduc's bustling business hub, this lot offers unparalleled convenience and exposure. Zoning: Non-residential commercial zoning opens up a multitude of development possibilities. Accessibility: Enjoy easy access from all angles, ensuring seamless logistics for customers, clients, and suppliers. Benefit from swift connectivity to Highway 2, a major artery connecting Leduc to Edmonton and beyond. This strategic location enhances the property's accessibility and visibility. Ideal uses: residential and commercial mixed use.50'X100' lot.HUGE potential for DEVELOPMENT of a 5 storey apartment building with main floor commercial use. NOTE: THIS PROPERTY CAN BE SOLD IN CONJUNCTION WITH 5004-48 AVENUE or SEPARATE. (id:39198)

  • MLS® : #E4383872
  • Date Listed : 23 Apr 2024

Location

Province

Alberta

City

Leduc

Address

5002 48 Av

Postal Code

T9E7H7

Location Highlights

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Listed by

The Foundry Real Estate Company Ltd Alberta listing

Category

land

Property Information

Premise Status

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With Accommodation

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Tenancy

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Lot Size

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Available Space

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Building Size

0

Year Built

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Years Remaining in Current Lease Term

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Renewal Options

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Operational Information

Number of Working Owners

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Current Owner - years

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FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$449,900

Asking Price

$449,900

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

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Gross Revenue- annual

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Cash Flow - annual help 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)

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EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

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Premises Size (square feet)

0

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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